Russia Hits Record $769.1 Billion in Reserves as Gold Prices Surge
Russia's gold and foreign exchange reserves have reached a record high of $769.1 billion, largely due to a rise in gold prices, which make...
China’s Rural Banks Struggle to Offload Foreclosed Homes, Exposing Deeper Financial Stress
Chinese rural banks are finding it increasingly difficult to sell foreclosed properties even after offering steep discounts, underscoring the depth of the country’s prolonged...
Global Markets Rebound as Trump Retreats on Greenland and Tariff Threats
Global financial markets had been on edge following a series of confrontational statements by U.S. President Donald Trump, including renewed tariff threats against European...
EU Lawmakers Refer Mercosur Trade Deal to Court, Dealing Major Blow
EU lawmakers voted to challenge the recent free trade agreement with South American countries in the EU's top court, which might delay or even...
Japan’s Bond Rout Rings Alarm Bells as Opposition Urges Decisive Market Intervention
Japan’s government bond market long seen as one of the world’s most stable was jolted this week by a sharp selloff that reverberated across...
Carney Seeks New Trade Order as Canada Tries to Loosen U.S. Grip
Canadian Prime Minister Mark Carney is pushing an ambitious trade diversification strategy aimed at reducing Canada’s heavy reliance on the United States and positioning...
How Do Remittances Affect Economies?
Remittances, generally defined as the money migrant workers send to their families and communities back in their home country, have proven to be an...
Digital Bridges, Dollar Shadows: BRICS Explores a New Payments Order
India’s central bank has quietly floated a proposal that could carry far-reaching geopolitical consequences: linking the official digital currencies of BRICS countries to facilitate...
Tariffs, Greenland, and a Shaken Dollar: Markets Enter a New Trade War Phase
Global markets were jolted after U.S. President Donald Trump threatened sweeping tariffs on eight European countries unless Washington is allowed to buy Greenland. The...
EU Weighs Unprecedented Retaliation Over Trump’s Greenland Tariffs
The European Union is facing pressure to activate the "Anti-Coercion Instrument" in response to U. S. President Donald Trump's tariff threats against several European...